Recently Christian Dior Group announced their financial results comparing with the same period of the year in 2006. The evolution or involution can be discovered below:
Christian Dior Group Press Release:
Strong growth momentum
In the first nine months of the year, the Christian Dior Group reported revenues of 12 billion euros, reflecting organic growth of 13% compared to the same period in 2006.At current exchange rates, the evolution was as follows:
LVMH achieved revenues of 11,446 million euros in the first nine months of 2007, reflecting organic growth of 13%. All the business groups registered double-digit organic revenue growth during the period, with notable progress at Watches & Jewelry (+22%), Wines & Spirits (+14%) and Fashion & Leather Goods (+14%). Louis Vuitton continues its exceptional performance. Continuing a very positive momentum, LVMH’s organic revenue growth accelerated in the third quarter, increasing to 15% compared to an already strong performance in the third quarter of 2006.At end September 2007, Christian Dior Couture’s revenue rose to 570 million euros, an increase of 13% at constant exchange rates and 9% at current exchange rates. Highlights of the third quarter were the strong progress achieved by Ready-to-Wear Women and Men as well as Jewelry.The Christian Dior Group confirms its objective of a significant increase in its results in 2007.
Source: Christian Dior Group
Monday, November 12, 2007
Christian Dior results
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